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If the daily interest rate is 3.50 percent what is the annual interest rate?
3.5% interest compounded daily is equivalent to 3.562% annual yield.(It can't possibly be 3.5% daily. That would compound to 28,394,072% in a year.)
Determine the per annum interest rate r required for an investment with continuous compound interest to yield an effective rate of 4.25 percent Express your answer as a percent?
We still need to know how often the interest is compounded ... Weekly ? Daily ? Hourly ? What does "continuous" mean ?
How much time will it take for an amount of rs450 to yield rs81 as interest at 4.5 percent per annum of simple interest?
5 years
Applying the method of syllogism to the conditional statements xy and yz will yield the statement z?
x
What is the future value of 100000 dollars with 20 percent interest in 10 years?
Simple interest compounded annually and reinvested will yield 619173.64 before taxes.
If merchandise inventory is being valued at cost and the price level is steadily rising the method of costing that will yield the highest net income is?
The method of costing that will yield the highest net income is FIFO. FIFO stands for first in, first out.
If merchandise inventory is being valued at cost and the purchase price is steadily falling which method of costing will yield the largest gross profit?
The method of costing that will yield the highest net income is FIFO. FIFO stands for first in, first out.
If the daily interest rate is 3.50 percent what is the annual interest rate?
3.5% interest compounded daily is equivalent to 3.562% annual yield.(It can't possibly be 3.5% daily. That would compound to 28,394,072% in a year.)
In what time will 2700 yield the same interest at 4 per annum as 2250 in 4 years at 3 per annum?
In 2.54 years the compound interest will amount to 282.39 in both cases.
What is the current interest yield in an American Express Personal Savings account?
American Express Personal Savings account is currently offering one of the highest interest rates on your money. They are offering a 1% interest on your money as of August 2011 with no fee.
What are the highest rates I can expect on high yield interest accounts in today's market?
They are around 1.3% You can see some here http://www.bankaholic.com/money-market/
Determine the per annum interest rate r required for an investment with continuous compound interest to yield an effective rate of 4.25 percent Express your answer as a percent?
We still need to know how often the interest is compounded ... Weekly ? Daily ? Hourly ? What does "continuous" mean ?
What type of interest rate can you expect from a high yield savings account?
Interest rates vary depending on the bank the savings account is in. For a high yield savings account, interest rates can be from 0.95-3.0% annual percentage yield.
Where can one find a Bond funds that yield a high interest rate?
You can find the interest rates on Bond funds by looking up the bond you are interested in sites such as Bloomberg and Yahoo Finance. If you want to sort them out by interest rate (e.g. highest first) then you can do that too.
What are the functions of bankers?
A banker will look after the client best interest as to what kind of accounts the client requires, how the money is to be put in the best accounts for the highest yield of interest, looks after loans and mortgages, and keeps a finger on the pulse of the economy.
Which Canadian banks offer high interest checking accounts?
Schwab Bank is one of the highest Canadian banks that offer high interest checking accounts. As of March 13, 2013, their annual percentage yield is 0.10 percent.
What was the average savings account yield from 2008 - 2011?
The Average savings account yield would be 3.5% per year from 2008 onwards. It was the same until 2010. In 2011 the Reserve Bank increased the savings account interest rate to 4%. This makes India the country that offers the highest interest rate on savings account.
